Thane: Man approaches finance company for loan, finds out he’s ‘blacklisted’ for not paying earlier loans

It was a shocker for a businessman when he approached a financial institution in Thane to get himself a car loan, and learned that he was already on a defaulter list, for not repaying loans for two cars.

According to a report in Mid-Day, Dashrath Sable, who owns a travel business, was taken aback when he found out that loans were taken by using his documents, as well as by forging his signature. Sable has even lodged a complaint in Chitalsar Manpada police station about the same.

Dashrath Sable, a resident of Vasant Vihar in Thane, found about this scam four months back when he approached Mahindra Finance for a car loan. The finance company told Sable that he can’t get a loan as he is in the blacklist for not paying earlier loans. After this, Sable started investigating the scam, and found that the cars were purchased using his documents.

“Two cars worth around Rs 15 lakh have been bought in my name. Documents like my PAN card and other details were used and my signature was forged. Only the mobile number used in the documentation belonged to another person. The purchases were made two years ago, and the loan was disbursed by Hinduja Leyland Finance. I have complained to the Chitalsar Manpada police,” Dashrath Sable, told the leading daily.

The Chitalsar Manpada police have said that they will cross verify the complaint and, after gathering evidence, will take appropriate action.